IPO IPO-Synopsis
LAPL Automotive Ltd

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Registered Office: Plot No.C-241 MIDC Waluj, , Aurangabad (Maharashtra) - 431133 , Maharashtra , India.
Phone : +91 83789 94623   Fax:
Email :  compliance@laplautomotive.com  
Website :  https://laplautomotive.com/
Initial public issue of 34,46,400 equity shares of face value Rs10 each (the "Equity Shares") of LAPL Automotive Limited ("The Company" or the "Issuer") for cash at an price of Rs94 per equity share (including a securities premium of Rs84 per equity share ("Issue Price"), aggregating to Rs32.40 Crores ("the Issue") of which 1,72,800 equity shares of face value Rs10 each aggregating to Rs1.62 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of 32,73,600 equity shares of face value of Rs10 each at an issue price of Rs94 per equity share aggregating Rs30.77 Crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.49% and 26.11% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs94/- per equity share of face value Rs10/- each. The floor price is 9.4 times of the face value of the equity shares. Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
06-Aug-26 10-Aug-26 Rs94.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200

  Rs Cr Lead Managers to the Issue
Project Cost 29.16
GYR Capital Advisors Private Limited
Project Financed through Current Offer 32.40  
Post Issue Equity Share Capital 12.54  
Issue Price Rs94.00  
Projects
Funding of Capital Expenditure requirements towards setting up a new manufacturing facility at plot No-68-1, Sector No.5, Auric City Shendra,General corporate purposes
Repayment and/or prepayment of all or a portion of certain outstanding secured borrowings availed by the Company
Promoted By
Neeraj Satyaprakash Goyal
Shubham Neeraj Goyal
Anita Neeraj Goyal
Listing At
BSE - SME 
Registrar to the Issue
Maashitla Securities Pvt Ltd